Business, 27.04.2021 15:20 deniseelyons15
Qwest Communications International, Inc. borrowed $499,000 on November 1, 2021, and signed a 12-month note bearing interest at 8%. Interest is payable in full at maturity on October 31, 2022. Related to this note, Qwest should report interest payable at December 31, 2021, in the amount of: (Round your final answers to the nearest whole dollar.) Multiple Choice $39,920. $33,267. None of these answer choices are correct. $6,653. $26,613.
Answers: 3
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Qwest Communications International, Inc. borrowed $499,000 on November 1, 2021, and signed a 12-mont...
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